Keogh plan


Keogh plan
Ke·ogh plan /'kē-ō-/ n [after Eugene J. Keogh (1907–89), U.S. Congressman whose 1965 bill established the plan]: an individual retirement account for the self-employed

Merriam-Webster’s Dictionary of Law. . 1996.

Keogh plan
n.
A retirement plan for self-employed people with benefits similar to those enjoyed by employees with employer-sponsored retirement plans.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


Keogh plan
A type of retirement plan for self-employed people, allowing part of their earnings to be taken from their income to accumulate tax-deferred in an investment account until withdrawn.
Category: Business, LLCs & Corporations
Category: Personal Finance & Retirement

Nolo’s Plain-English Law Dictionary. . 2009.


Keogh plan
n. A tax-deferred retirement plan available only to the self-employed and their employees.

Webster's New World Law Dictionary. . 2000.


Keogh Plan
A retirement account that allows workers who are self-employed to set aside a percentage of their net earnings for retirement income.

Dictionary from West's Encyclopedia of American Law. 2005.


Keogh Plan
A retirement account that allows workers who are self-employed to set aside a percentage of their net earnings for retirement income.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • Keogh plan — ☆ Keogh plan [kē′ō ] n. [after Eugene J. Keogh (1907 89), U.S. congressman] a retirement plan for self employed persons and for the owners and employees of unincorporated businesses, similar to an IRA: see IRA1 (Individual Retirement Account) …   English World dictionary

  • Keogh Plan — Unreferenced|date=July 2008Keogh plans are full fledged pension plans for self employed people in the United States.HistoryNamed for United States Congress Representative Eugene James Keogh of New York, they are sometimes called HR10 plans and… …   Wikipedia

  • Keogh Plan — A tax deferred pension plan available to self employed individuals or unincorporated businesses for retirement purposes. A Keogh plan can be set up as either a defined benefit or defined contribution plan, although most plans are defined… …   Investment dictionary

  • Keogh plan — noun a tax deferred pension plan for employees of unincorporated businesses or for self employed persons • Hypernyms: ↑pension plan, ↑pension account, ↑retirement plan, ↑retirement savings plan, ↑retirement savings account, ↑retirement account,… …   Useful english dictionary

  • Keogh plan — Ke′ogh plan [[t]ˈki oʊ[/t]] n. bus a pension plan for a self employed person or an unincorporated business • Etymology: 1970–75, amer.; after Eugene J. Keogh (1907–89), N.Y. congressman …   From formal English to slang

  • Keogh plan — /kee oh/ a pension plan for an unincorporated business entity or self employed person. Cf. individual retirement account. [1970 75, Amer.; after Eugene J. Keogh (born 1907), N.Y. Congressman] * * * …   Universalium

  • Keogh plan — A US savings scheme to create a pension plan for self employed people or employees of small and unincorporated businesses, in which tax is deferred until withdrawals are made. It can be held at the same time as a corporate pension or individual… …   Accounting dictionary

  • Keogh plan — A US savings scheme to create a pension plan for self employed people, in which tax is deferred until withdrawals are made. It can be held at the same time as a corporate pension or individual retirement account Keogh plans originated with the… …   Big dictionary of business and management

  • Keogh plan — noun Etymology: Eugene James Keogh died 1989 American politician Date: 1974 an individual retirement account for the self employed …   New Collegiate Dictionary

  • Keogh Plan — Ke|ogh Plan in the US, a personal ↑pension plan for self employed people …   Dictionary of contemporary English


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